Compliance Officer, Global Information Barriers Surveillance, Global Control Room - GBM&T Canada

Scotiabank • Toronto, ON

4d • Onsite

About The Position

The Compliance Officer contributes to the overall success of the Global Control Room Information Barriers Surveillance Program by managing the Surveillance process to safeguard sensitive, confidential, and material non-public information, ensuring all activities are conducted in compliance with governing regulations, internal policies, and procedures.

Requirements

• Post-Secondary education and/or professional designations.
• A minimum of 2 years of relevant experience in an institutional business or compliance setting in a large financial institution, established securities dealer or regulatory agency.
• Knowledge of industry practices regarding institutional compliance matters.
• Institutional, corporate banking, treasury, capital markets, compliance, regulatory or audit experience.
• Self-motivated; ability to work both independently and collaboratively with multi-functional teams.
• Excellent communication (oral and written) and interpersonal skills required.
• Highly organized and capable of dealing with multiple, complex projects simultaneously.
• Ability to deliver results in a fast-paced, challenging, and dynamic business environment.
• Sound judgment in identifying risks to proactively escalate with relevant senior management.

Responsibilities

• Support the Global Control Room Information Barriers Surveillance program for GBM&T in relation to reviews and escalations against the Watch Lists and the Restricted Lists for Inventory Trading, Employee Trading, Lookback Reviews, and E-Communication Surveillance.
• Identify the key risk indicators and assess and test the adequacy of controls, identify non-compliance issues, and implement appropriate corrective action or process improvement.
• Recommend, where applicable, enhancements to the Surveillance program, along with developing new areas of review and completing other duties and projects as assigned.
• Identify opportunities to use technology to enhance program delivery for the Surveillance processes, including liaising with internal development teams and assisting with process automation for conducting the Surveillance program.
• Assist with other duties and projects in the Global Control Room, including acting as back-up for the Team when required.
• Assist in the preparation of responses to inquiries from regulatory bodies as they relate to the Surveillance function.
• Collaborate with managers, business analysts, and developers both internally and externally to drive the delivery of projects on time and within budget.
• Contribute to the delivery and successful implementation of new technology by facilitating and performing end-user testing, data validation and normalization, end-user procedures, aids and training materials, and consideration of all key aspects of the project.
• Provide ongoing updates and support to the members of the Surveillance team throughout the various stages of product testing and implementation.
• Champion a customer-focused culture to deepen client relationships by leveraging broader Bank relationships, systems, and knowledge.
• Understand the Bank’s risk appetite and risk culture in relation to day-to-day activities and decisions.
• Actively pursue effective and efficient operations in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.

Benefits

• A competitive compensation and comprehensive benefits plan.
• Meaningful development conversations that enable faster advancement and internal training to support your growth and development.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree